Avanos in Jumeirah Village Circle: Apartments from AED 532K, In at 5%
Five percent down is the entry requirement at Avanos, a residential apartment project developed by MYRA REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Circle, Dubai. That is a low threshold by Dubai off-plan standards, and it shapes the financial calculus for buyers from the start.
The Project
Avanos is an apartment building in District 10 of Jumeirah Village Circle. MYRA REAL ESTATE DEVELOPMENT L.L.C broke ground in November 2021, targeting completion by November 2023. That date has now passed. The project is in all likelihood delivered, and buyers looking at Avanos today are likely purchasing a completed unit, either from the developer or through the secondary market.
Living in Jumeirah Village Circle
Jumeirah Village Circle occupies a central position in new Dubai, with direct access to Sheikh Mohammed Bin Zayed Road and Al Khail Road. Those two highways connect the community to most parts of the city without needing to transit through heavier urban zones. Business Bay and Downtown Dubai sit approximately 20 to 25 minutes away by car. Dubai Marina and JBR are in a similar range. Dubai International Airport runs slightly longer, typically 30 to 40 minutes in normal traffic.
JVC is a mid-density residential community. It does not have the waterfront lifestyle or the tower density of Marina and Downtown, and that is reflected in its pricing. For a buyer or investor, the community occupies a value tier where square footage, amenity access, and urban connectivity are real advantages, but the cost of entry stays below the more prominent Dubai postcodes.
A Price Range That Tells You Something
The spread at Avanos runs from AED 532,016 to AED 1,667,579. That is a three-to-one ratio between the cheapest and most expensive units, which does not happen by accident in a single building. It points to a genuine mix of unit sizes and configurations. At the low end, buyers are likely looking at studios or one-bedroom apartments, which draw single occupants, young couples, and investors after entry-level yields. At AED 1.67M, the configuration almost certainly includes two- and three-bedroom apartments targeting families or investors seeking longer lease periods and more stable tenancies. The two ends of this range represent quite different entry points and investment theses.
Apartments, One Asset Class
Every unit at Avanos is an apartment. No hotel floors, no retail ownership structures, no mixed-use complications. For investors, that means a clean residential title and a tenant pool drawn entirely from the residential market.
What the Building Provides
Ten amenities across four categories:
| Category | Amenities |
|---|---|
| Fitness and Wellness | Gymnasium, Health Club, Well-being and Fitness |
| Leisure | Shared Pool, Children's Pool, Children's Play Area |
| Convenience | Retail Facilities, Restaurants, Landscaped Parks |
| Security | CCTV Security |
Three distinct fitness-oriented amenities signals a real commitment to active-lifestyle residents, not a single gym as a selling point. The children's pool and play area alongside the shared adult pool aligns with the family-sized units the building offers at the upper end of its price range. Retail and restaurant facilities within the building mean residents can handle daily needs without leaving the complex.
Getting In at 5%
| Stage | Amount Due |
|---|---|
| Down payment | 5% |
| During construction | 30% |
| On handover | 65% |
Five percent to secure a unit is a notably low entry point in the Dubai residential market. The bulk of the price, 65%, falls at handover. Since the project's completion date has already passed, that handover payment is a near-term obligation for incoming buyers rather than a milestone stretched over years of construction. Buyers who entered at launch had time to arrange that capital; buyers entering today face it on a much shorter timeline. The front-loaded structure means the effective cash outlay is concentrated at the time of acquisition.